All our posts about startups
Commonwealth Capital Provides a Gap Financing – Factoring Line to a 92 Year Old, MN Based Contractor.
The Situation:
Rainville-Carlson, a fourth-generation company, is a leading contractor in industrial and commercial roofing, sheet metal, and custom metal fabrication throughout the Twin Cities metropolitan area.
Despite many highs and lows throughout the past 92 years, Rainville-Carlson was experiencing a strong market with abundant opportunity. The company began winning more bids than they had in previous […]
Startup Fiber Optic Installer Finds Growth Funding at Commonwealth Capital
We recently started a new relationship with a company that does “last mile” fiber optic installation for large internet service providers. The Company was newly formed and had contracts to provide installation of fiber optic modems to commercial properties but had to wait 45-60 days to get paid from its customers.
The Company would struggle to […]
Minnesota Medical Company Keeps Cash Flowing with Factoring from Commonwealth Capital
The Situation:
This young Minnesota-based medical device company had created a superior ‘chest seal’ product used to manage penetrating wounds to the torso. These types of wounds damage the lungs and allow air to escape, which becomes trapped in the chest cavity and causes the lungs and heart to collapse. Death is imminent.
The company’s ‘thoracic seal’ […]
Startup Staffing Agency Finds Simple, Straightforward Payroll Funding at Commonwealth Capital
We were recently contacted by a new staffing agency in the Midwest looking for payroll funding. This veteran-owned company was started after the owner had been working for years as at other temporary staffing agencies and wanted to start her own business. The Company had customers lined up and people to fill the open positions, […]
Action Sports Company Catches Funding Wave
Commonwealth Capital, an invoice factoring company based in Minnesota, announced that it recently provided a $150,000 factoring facility to a company that sells action sports equipment. The company’s product lines include skateboards, skis, standup paddle boards, and soft goods. These products are sold through a network of dealers and big-box retailers throughout the United States.
The […]
Architectural Products Maker Funds Growth By Factoring
Commonwealth Capital was recently introduced to a growing maker of architectural products. The Company is a Minneapolis-based subsidiary of a foreign parent company. While the parent company has been in existence for many years the domestic subsidiary was wrapping up its start-up phase. With a rapidly expanding order pipeline, the Company was in needed working […]
GallerySmall Minnesota Trucker Keeps Moving By Factoring Its Loads
We are excited to announce that Commonwealth Capital, LLC recently funded freight bills for a small trucking company in the Minneapolis-St. Paul metro area. The company was recently granted its operating authority and wanted to use invoice factoring to improve its cash flow. The owner/operator wanted a factor where he’d receive individual attention, and who […]